Tenn. high school graduates to receive free tuition to community colleges

All high school graduates in Tennessee will receive free tuition to a community college or technical school in the state, under a plan approved by the state's House of Representatives Tuesday, following a similar vote in the Senate.

The Tennessee Promise, proposed by Gov. Bill Haslam, will take effect in fall 2015. It will be funded by $300 million from the state's lottery fund. The state expects 25,000 students to apply and it would cost an estimated $34 million a year.